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Drug pricing reform corners Korean drugmakers

Published: 2011-07-28 07:00:00
Updated: 2011-07-28 07:00:00
A new wave of price cuts for drugs is speculated to be imminent, which has stirred up concerns among drug makers, domestic and multinational alike.

Domestic drug makers are concerned by the potentially significant impact of this reform on the prices and profit margin of their products.

The Korea Pharmaceutical Manufacturers Association (KPMA) noted that the price reform is likely to have ...

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